105 Hancock Avenue, Michigan City, IN 46360
Local realty services provided by:CENTURY 21 Circle
Listed by: matt evans
Office: re/max lifestyles219-462-2121
MLS#:817470
Source:Northwest Indiana AOR as distributed by MLS GRID
105 Hancock Avenue,Michigan City, IN 46360
$149,000
- 5 Beds
- 1 Baths
- 1,727 sq. ft.
- Single family
- Active
Price summary
- Price:$149,000
- Price per sq. ft.:$86.28
About this home
Generating a solid 9.15 CAP rate, this property delivers immediate cash flow with additional upside potential for future growth. A spacious 5 BR 1 BA home offers over 1,700 square feet of living space and presents a strong investment opportunity with a long-term tenant already in place. The home features a functional layout with two bedrooms on the main level and three additional bedrooms upstairs, along with a main-floor bathroom and convenient laundry area. An enclosed front porch and rear entryway add extra usable space. The current tenant has occupied the property for many years, providing stability and consistent income, with a lease secured through March 31, 2027. The tenant is responsible for utilities, Landlord covers taxes and insurance, simplifying management. Ideally located in the economically developing Michigan City area near the Lake Michigan shoreline and the South Shore Rail Line to Chicago, this property is well-positioned for possible long-term appreciation. Showings are available Saturdays at 11:00 AM and Wednesdays at 4:00 PM, in consideration of the tenant. Schedule your in-person or virtual tour today to secure this generously sized, nicely performing investment....
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Home facts
- Year built:1889
- Listing ID #:817470
- Added:461 day(s) ago
- Updated:June 18, 2026 at 06:29 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:9
- Kitchen Description:Range, Range Hood
- Basement:Yes
- Basement Description:No Basement
- Living area:1,727 sq. ft.
Structure and exterior
- Year built:1889
- Building area:1,727 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$149,000
- Price per sq. ft.:$86.28
- Tax amount:$1,332 (2024)
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